An Important Check-Up On Canoo Inc (NASDAQ: GOEV)

Canoo Inc (GOEV) concluded trading on Wednesday at a closing price of $0.99, with 5.06 million shares of worth about $5.01 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -65.33% during that period and on October 16, 2024 the price saw a gain of about 4.50%. Currently the company’s common shares owned by public are about 86.78M shares, out of which, 78.81M shares are available for trading.

Stock saw a price change of 4.10% in past 5 days and over the past one month there was a price change of -4.65%. Year-to-date (YTD), GOEV shares are showing a performance of -83.24% which decreased to -86.60% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.88 but also hit the highest price of $8.81 during that period. The average intraday trading volume for Canoo Inc shares is 3.07 million. The stock is currently trading 1.79% above its 20-day simple moving average (SMA20), while that difference is down -20.08% for SMA50 and it goes to -59.15% lower than SMA200.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Canoo Inc (NASDAQ: GOEV) currently have 86.78M outstanding shares and institutions hold larger chunk of about 18.00% of that.

The stock has a current market capitalization of $86.05M and its 3Y-monthly beta is at 1.27. It has posted earnings per share of -$7.32 in the same period. It has Quick Ratio of 0.12 while making debt-to-equity ratio of 0.41. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GOEV, volatility over the week remained 7.75% while standing at 7.48% over the month.

Stock’s fiscal year EPS is expected to rise by 73.83% while it is estimated to increase by 26.10% in next year.

Coverage by The Benchmark Company stated Canoo Inc (GOEV) stock as a Buy in their note to investors on April 17, 2024, suggesting a price target of $5 for the stock. On January 05, 2024, Wedbush Initiated their recommendations, while on September 16, 2022, Stifel Initiated their ratings for the stock with a price target of $4. Stock get a Buy rating from ROTH Capital on December 16, 2021.

Most Popular

Related Posts